Well here's a neat way to create value for your shareholders. Sell (dump, really) your main business for next to no consideration, call yourself a Blockchain technology company, and wait for traders to bid up the price your stock. Sound silly? Well, that's what has happened at (now former) Binary Options platform operator TechFinancials Inc…
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LeapRate Exclusive... A new Binary Options peer-to-peer trading platform called Betex is planning to launch and - like many new companies which are basing their execution on blockchain technology - is looking to fund itself via an ICO. Betex aims to be a leading-edge platform for P2P financial derivatives trading. It enables users to place…
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Binary options platform provider and operator TechFinancials Inc (LON:TECH) has announced that it will receive an additional $1.5 million dividend payout from its DragonFinancials joint venture subsidiary, which focuses on the Asia Pacific region. This follows the $1 million dividend which TechFinancials received from DragonFinancials last November. We had reported last September, when TechFinancials announced…
Read moreLeapRate Exclusive... LeapRate has learned that online trading platforms provider Leverate has stopped selling its BX8 Binary Options platform product. Leverate is continuing to support BX8 for the binary options brokers who are already running it. We've learned from industry sources that Leverate is looking to sell the BX8 platform, along with the current clients running…
Read moreBinary options platform provider and operator TechFinancials Inc (LON:TECH) saw its share price soar by 64% on Wednesday, after reporting a brief First Half 2016 Trading Update. The TechFinancials update indicated that EBITDA increased by over 80% from last year 1H, from US$0.55 million to in excess of US$1 million. Relatively rosy comments from TechFinancials CEO Asaf…
Read moreBinary platform provider and operator TechFinancials Inc (LON:TECH) has issued a statement indicating that its 2016 first half results should be in line with expectations. TechFinancials released a formal statement which will be delivered tomorrow at the company's annual general meeting, with highlights including: the company's 'B2B' platform business saw Revenues grow 30% YoY TechFinancials…
Read moreHirose Financial UK Ltd has released a new binary options platform - LION Binary Pro. The launch happens in response to clients' feedback and seems to have a robust rationale as during fiscal year 2015, binary options services generated 58% of Hirose UK's turnover. The new platform offers: Three types of charts LION Binary-Pro offers…
Read moreLeapRate Exclusive... No, it isn't a new dish soap brand. LeapRate has learned that leading regulated binary options brokerage platform Anyoption has just launched a new binary options trading product called Bubbles. Bubbles is a self directed trading system where traders can effectively create their own binary option, with different time duration and asset price…
Read moreIt looks like Leverate's new management team will be putting some renewed effort into increasing Leverate's footprint in the binary platform business.
Read moreThe new location will allow the company to enhance its services for its existing and future partners in Europe.
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